Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
16 MILL LANE is a very large extended detached house of 321m², built sometime between 1950 and 1966. It was last sold for £725,000 in May 2013, which was around 253% above the average May 2013 detached price in the East Riding of Yorkshire local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 16 MILL LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Riding of Yorkshire local authority area for the corresponding sale date. All of the three 16 MILL LANE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).
Date | Price | HPI Price | Variation from HPI |
---|---|---|---|
2013 7 MAY | £725,000 | £205,188 | 253% above HPI |
2005 11 NOV | £493,000 | £205,203 | 140% above HPI |
2000 21 JAN | £160,000 | £82,776 | 93% above HPI |
The below graph shows the average detached house price in the East Riding of Yorkshire local authority area over time, sourced from the HPI. The three 16 MILL LANE sales between January 2000 and May 2013 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 2005 sale was for 140% above the HPI. So the extrapolation line tracks at 140% above the HPI over time, until the May 2013 sale, where it rises to 253% above the HPI. The line then continues to track at 253% above the HPI.
16 MILL LANE is 321m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the largest 10% of detached houses in Elloughton, based on EPC data. The below chart shows the distribution of detached houses by size in Elloughton, and where 16 MILL LANE lies on this distribution: 97% of detached houses are smaller than 16 MILL LANE, and 3% of houses are larger. Note that EPC data is not available for all properties in Elloughton.
16 MILL LANE sits on a plot of roughly 0.516 of an acre, or 2,089m². The below map shows the location of 16 MILL LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 16 MILL LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.
16 MILL LANE is located in ELLOUGHTON, in the HU15 postcode district. The below map shows the position of No. 16 on MILL LANE.